Seems like a good idea since Verizon clearly is at the top of its game. Nowhere to go but down from here. Betting against Verizon might be a good bet.
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You'd be a fool to short a utility stock right now, especially VZ. Utilities are about the only thing paying right now, some funds showing 9% gains this year. VZ will be mid 50's before long,
Mid February it was climbing on the short stock list. how could it not. oh wait, well lay off more heads. lowell is so smart.
You betcha. I shorted both their stock and their services. I'll never go back.